Preliminary explorations in Kerman Province and southern parts of Semnan Province have indicated considerable shale oil resources in the regions.
Three to four shale layers were discovered…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Iran's oil revenue in 2014 amounted to 53.6 billion, showing a $8.3 billion decrease compared with the previous year, the Organization of Petroleum Exporting Countries said in a report. Export of…
As India attempts to bolster its nuclear energy capabilities, it has formalized an agreement with Kazakhstan to receive 5,000 tons of uranium over the next four years. Rapidly developing its…
Statoil, the Norwegian oil and gas giant, is considering building a floating wind farm off the coast of Scotland, set to be the first of its kind in the world.
The US has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.
Ukraine will take about 21% more gas from Slovakia to boost deliveries to underground storage after the country suspended imports from Russia over a pricing dispute, transport monopoly Ukrtransgaz…
Speakers from Qatar’s leading companies will highlight the various initiatives undertaken to promote solar energy in the country at an upcoming energy summit in Qatar. Power Qatar Summit 2015,…
Oil rose for a second day on signs Iran and world powers will miss another deadline for a nuclear deal that could end sanctions on the OPEC producer.
European officials are taking a step toward creating a web of natural gas pipelines across the region’s southeast as a way to reduce the threat of Russia choking off supplies.
Iraq’s self-ruling Kurds are threatening to bypass the country’s central government and sell oil produced in the neighboring Kirkuk region in a dispute over revenue from crude sales by OPEC’s…
Saipem SpA, Italy’s biggest oil-services contractor, lost a $2.2 billion contract to lay a Russian natural-gas pipeline under the Black Sea after its fleet waited seven months for the work to…
Oman’s largest oil producer ordered work to begin on what will be one of the biggest solar plants in the world, establishing the technology as an alternative to fossil fuels for coaxing crude out…
The project to supply Shahid Mofatteh (Hamedan) Power Plant with wastewater from Hamedan City will be completed by August, managing director of Bakhtar Regional Electricity Company said…
PV module manufacturer Vikram Solar has announced that the company has signed a master distribution agreement for residential and commercial PV installations with a leading US solar wholesaler,…
A transit agreement between Naftogaz and Gazprom will be prolonged after 2019, Ukrainian President Petro Poroshenko said on Tuesday.
"I believe that the transit agreement between…
Libya has lifted force majeure at the major Ras Lanuf oil terminal, though restarting exports would take at least two days depending on available crude, a spokesman for the National Oil…
A major contract for a $450 million wind farm in Victoria shows the enthusiasm among investors for Australian renewable energy is strong following the vote to amend the Renewable Energy Target…
US crude oil production will climb to a 45-year high in 2015 before slipping next year.
US output will advance 8.6% to 9.47 million barrels a day this year, the most since 1970, the US…
There are certain similarities between Iran's electricity grid and that of Turkey including volume of production, expansion of the network and features of the transmission lines, Hamid Chitchian,…
Oil fell toward $56 a barrel on Wednesday, trading close to a three-month low, as China's accelerating stock market plunge and the Greek debt crisis raised the possibility of weaker economic…
Saudi Arabia's Sadara Basic Services said its parent firm signed a $3.77 billion deal with Saudi Electricity Company to supply power to its chemicals complex in Jubail Industrial City.
The Oil Minister Bijan Namdar Zanganeh has called for boosting oil byproduct export, said Mansour Moazemi, the deputy oil minister, Mehr News Agency reported.
Hedge funds and money managers increased their bets on rising Brent crude oil for the first time since May, data released on Monday showed, although some say the shift is unlikely to last.
Oil prices fell sharply on Monday after Greece rejected bailout terms and as China rolled out emergency measures to prevent a full-blown stock market crash, adding to worries about poor demand…
Kyushu Electric Power Company, which provides power to seven prefectures, and recently to some parts of Hiroshima Prefecture, will begin refueling one of its reactors at its Sendai nuclear plant…
